123fahrschule SE: Capital increase by 103,186 shares against contribution of
a receivable

EQS-Ad-hoc: 123fahrschule SE / Key word(s): Capital Increase
123fahrschule SE: Capital increase by 103,186 shares against contribution of
a receivable

01-Jul-2024 / 18:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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IS UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICE AT
THE END OF THIS PUBLICATION.

Publication of inside information in accordance with Art. 17 of Regulation
(EU)
No. 596/2014

  * Capital increase by 103,186 shares against contribution of a receivable
    from the sellers of Foerst GmbH in the amount of EUR 387,980.63 in
    connection with the acquisition of Foerst GmbH into 123fahrschule SE.

* The issue price is EUR 3.76 per new share to be issued

  * Lock-up agreement until 31.12.2024 for 50 % of the new shares to be
    issued

Cologne/Frankfurt am Main, July 1, 2024 - The Management Board of
123fahrschule SE (ISIN: DE000A2P4HL9; ticker symbol: 123F) today resolved,
with the approval of the company's Supervisory Board, to increase the
company's share capital from currently EUR 4,875,560.00 by EUR 103,186.00 by
issuing 103,186 shares at a notional issue price of EUR 3.76 per share to be
issued in return for a contribution in kind. The object of the contribution
in kind is a claim of the sellers of Foerst GmbH against 123fahrschule
Holding GmbH in the amount of EUR 387,980.63. The sellers have concluded a
lock-up agreement with the company for 50% of the shares to be issued with a
term until December 31, 2024.

The company had acceded to the purchase agreement in relation to Foerst GmbH
on the part of 123fahrschule Holding GmbH, which already provided for
payment of the purchase price in shares as an option. The arithmetical issue
price of EUR 3.76 per share to be issued resulting from the amount of the
claim and the number of shares to be issued was determined on the basis of
the average weighted XETRA stock exchange price of the 123fahrschule SE
share in the period of four weeks prior to the date of today's resolution
and was set after due examination by the Executive Board and the Supervisory
Board's own considerations. Shareholders' subscription rights are excluded.

The non-cash capital increase is to be implemented shortly after entry in
the commercial register.

Contact:

123fahrschule SE

Your contact person: Boris Polenske

Tel: 0221-177357-60 | ir@123fahrschule.de | www.123fahrschule.de

More information at: www.123fahrschule.de

Important note

This document and the information contained herein are for information
purposes only and do not constitute a prospectus or an offer to sell or a
solicitation of an offer to buy securities of the Company in the United
States of America ("USA") or in any other jurisdiction. This publication may
not be distributed, published or forwarded in the USA, Australia, Canada or
Japan. The securities of the Company may not be offered or sold in the
United States absent registration or an exemption from registration under
the U.S. Securities Act of 1933, as amended (the "Securities Act"). The
securities of the Company have not been and will not be registered under the
Securities Act or the applicable securities laws of Australia, Canada or
Japan.

The distribution of this announcement may be restricted by law in certain
jurisdictions and persons into whose possession any document or other
information referred to herein comes should inform themselves about and
observe any such restrictions. Failure to comply with these restrictions may
constitute a violation of the securities laws of any such jurisdiction.

About 123fahrschule SE

123fahrschule SE (ISIN: DE000A2P4HL9, ticker symbol: 123F) is a digitally
driven driving school chain founded in 2016 under the name 123fahrschule
Holding GmbH with a focus on e-learning. 123fahrschule SE specializes in the
digital expansion of traditional driving license training in the German
driving school market. The company's core competence lies in the digitally
supported training of private individuals for the driving license category
in the B segment. With more than 50 locations nationwide, 123fahrschule is
already the largest driving school chain in the B segment and plans to
expand further to up to 200 locations in the coming years.


End of Inside Information

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   Language:       English
   Company:        123fahrschule SE
                   Klopstockstr. 1
                   50968 Köln
                   Germany
   Phone:          0221-177357-0
   E-mail:         ir@123fahrschule.de
   Internet:       www.123fahrschule.de
   ISIN:           DE000A2P4HL9
   WKN:            A2P4HL
   Listed:         Regulated Unofficial Market in Dusseldorf
   EQS News ID:    1937197

End of Announcement EQS News Service
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1937197 01-Jul-2024 CET/CEST